The National Treasury (TNT), the Central Depository and Settlement Corporation (CDSC) and the Nairobi Securities Exchange (NSE) have today jointly re-opened the M-Akiba Retail Infrastructure Bond Issue No 2/2017/03 re-open one of March 2019.
This tranche seeks to raise Ksh.250,000,000.00 (two hundred and fifty million Kenyan Shillings) against the Ksh. 1,000,000,000.00 (one billion Kenyan Shillings) target. The offer will be open for ten days from February 25, 2019 to March 8, 2019 after which it will be listed on the NSE for secondary trading on March 12, 2019. The tenure for this bond will be one and a half years, with a redemption date of September 7, 2020.